Ceragon Networks Ltd. (NASDAQ:CRNT) is one of the 15 Best Tech Stocks with Huge Upside Potential.
On May 20, 2026, Craig-Hallum analyst Christian Schwab raised the firm’s price target on Ceragon Networks Ltd. to $4 from $3 and maintained a Buy rating on the shares. Schwab cited the company’s solid Q1 results and reiterated full-year revenue guidance of $355M-$385M.
Roth Capital analyst Scott Searle also raised the firm’s price target on Ceragon Networks Ltd. to $4.50 from $3.75 and maintained a Buy rating on the shares. Searle said the company reported “solid” Q1 results despite a difficult operating environment and called the maintained annual guidance “a solid outcome.”
On May 19, 2026, Ceragon Networks Ltd. reported Q1 non-GAAP EPS of 1c, in line with the consensus estimate of 1c. Revenue totaled $85.0M, above the consensus estimate of $80.36M. CEO Doron Arazi said the quarter reflected healthy demand across key markets, with strong activity in India. Arazi also cited demand for E-band offerings, progress with the FR2 solution, a successful POC with a major tier North American carrier, and private network wins, while noting pressure on margins from macro and industry-wide cost increases and adverse foreign currency trends.
Ceragon Networks Ltd. provides wireless transport solutions for cellular operators and other wireless service providers across North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.